Nelson Reappointed to Regional Revolving Loan Fund Board

Rachelle Nelson has recently been reappointed to the East Central Regional Development Commission (ECRDC) Revolving Loan Fund (RLF) Board of Directors representing Mille Lacs County. The ECRDC RLF provides gap financing to small businesses in Chisago, Isanti, Kanabec, Mille Lacs & Pine Counties.


Ms. Nelson is an Assistant Vice President at the First National Bank of Milaca. She holds a BA in Financial Management from the University of Minnesota – Morris, and has over a decade of commercial lending experience. Ms. Nelson is involved in many local organizations, including the Milaca Area Chamber of Commerce and the local Biz to Biz, Inc. networking chapter.

The ECRDC is a public agency whose board members are represented by officials appointed by county boards, townships, municipalities, school boards and citizens at large from Chisago, Mille Lacs, Pine, Isanti and Kanabec Counties.

For more information on the RLF other small business services, please contact the ECRDC at (320) 679-4065 #29.